China’s first bike-sharing app initial public offering (IPO) has hit a bump in the road, after a patent dispute has emerged over its “Uber-style” rental business model. Youon Public Bicycle System, the Jiangsu province-based bike…
Tagged By beijing
Canadian citizen detained in Beijing locked in room as punishment
A Canadian citizen being held against her will in a Beijing detention centre since February was from time to time locked in a small darkened room as punishment early in her incarceration, her lawyer says.…
Shanghai steps up supervision of red-hot property market
Property prices have soared in China’s biggest cities such as financial hub Shanghai and capital Beijing since last year, prompting regulators to step up control to cool the market to avoid a crash. Shanghai’s housing…
China’s smartphone market is dominated by companies you’ve probably never heard of
While Huawei, Oppo, and Vivo are way up in China, much of their growth is coming from lower … While its premium Galaxy S series does alright for itself, its smartphone business is still about…
E-Mart China business to close down
South Korean discounter E-Mart is to close down its China business. For 20 years, E-Mart China has battled to be profitable. Now it says the diplomatic dispute over the location of the THADD missile defence…
China signals new era as first homegrown jetliner takes off
It’s a lucrative one. China’s middle class continues to expand and desires vacations to Thailand or business trips to Texas. Boeing estimates single-aisle planes like these will generate about $535 billion — 75% — of…
China's C919 jet lands successfully after maiden flight
The narrow-body aircraft, which will compete with Boeing’s (BA.N: Quote) 737 and the Airbus (AIR.PA: Quote) A320, is a key symbol of China’s ambitions to muscle into a global jet market estimated to be worth…
Exclusive: China seeks up to 85 percent stake in strategic port in Myanmar
A consortium led by China’s CITIC Group [CITIC.UL] has proposed taking a 70-85 percent stake in the $7.3 billion deep sea port, according to negotiating documents seen by Reuters and three people familiar with the…
Why the iPhone is losing ground in China
Apple, which reported on Wednesday its fifth consecutive quarter of revenue decline for its greater China business, has seen a double-digit fall in iPhone’s first-quarter sales in China, which was a major source of growth…
China means business with its tough financial regulation
BEIJING – China is in the midst of what proponents are heralding as its harshest crackdown on financial risks in history: a campaign that is by no means a fleeting gesture. This is not the…
China takes on aviation giants as first passenger jet completes maiden flight
The C919 passenger jet has been billed as China’s answer to Boeing’s 737 and the Airbus A320 and the country’s first step in challenging western domination of the lucrative aviation market. State television screened a…
China's first home-made passenger plane takes to the skies for its maiden flight: Beijing begins its $1 trillion plan to take on western airlines
China’s first domestically built passenger plane completed its … Chinese media, including state broadcaster CCTV and news portal Sina, broadcast C919’s first flight live online. The aircraft had no passenger seats installed. Instead, it carried…
China's First Bike Rental Firm Hits Legal Bump on Ride to IPO
Before the halt on its IPO process, Youon said that the claimed patent infringement … been infringing the IP rights of a cellphone-lock technology, and has asked the Beijing Intellectual Property Court for damages. The…
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